The Southern Co-The (SO) share price is expected to increase by 6.49% over the next year. This is based on calculating the average 12-month share price estimate provided by 17 stock analysts who have covered SO. Price targets range from $81.12 at the low end to $104 at the high end. The current analyst consensus for SO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Southern Co-The has a total of 17 Wall St Analyst ratings. There are 5 buy ratings, 8 ratings, and 4 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Southern Co-The will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of SO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
James Thalacker BMO Capital | Outperform | $97 | Maintains | Nov 1, 2024 |
Nicholas Campanella Barclays | Equal-Weight | $83 | Maintains | Oct 15, 2024 |
Shahriar Pourreza Guggenheim | Buy | $97 | Maintains | Oct 2, 2024 |
Stephen Byrd Morgan Stanley | Equal-Weight | $82 | Maintains | Sep 25, 2024 |
Daniel Ford UBS | Neutral | $91 | Maintains | Sep 20, 2024 |
Julien Dumoulin-Smith Jefferies | Hold | $94 | Initiates | Sep 19, 2024 |
Anthony Crowdell Mizuho | Neutral | $90 | Downgrade | Sep 16, 2024 |
Julien Dumoulin-Smith B of A Securities | Neutral | $87 | Maintains | Aug 29, 2024 |
Stephen Byrd Morgan Stanley | Equal-Weight | $78 | Maintains | Aug 23, 2024 |
Andrew Weisel Scotiabank | Sector Outperform | $96 | Maintains | Aug 20, 2024 |
Jeremy Tonet JP Morgan | Underweight | $87 | Maintains | Aug 12, 2024 |
Carly Davenport Goldman Sachs | Buy | $94 | Maintains | Aug 2, 2024 |
Steve Fleishman Wolfe Research | Peer Perform | Downgrade | Aug 2, 2024 | |
Neil Kalton Wells Fargo | Equal-Weight | $89 | Maintains | Aug 2, 2024 |
Andrew Weisel Scotiabank | Sector Outperform | $87 | Maintains | Aug 2, 2024 |
James Thalacker BMO Capital | Outperform | $94 | Maintains | Aug 2, 2024 |
Nicholas Campanella Barclays | Equal-Weight | $71 | Maintains | Jul 9, 2024 |
Stephen Byrd Morgan Stanley | Equal-Weight | $71 | Maintains | Jun 24, 2024 |
Julien Dumoulin-Smith B of A Securities | Neutral | $79 | Maintains | May 31, 2024 |
Stephen Byrd Morgan Stanley | Equal-Weight | $74 | Maintains | May 28, 2024 |
When did it IPO
1981
Staff Count
27,819
Country
United States
Sector/Industry
Utilities/UtilitiesโRegulated Electric
CEO
Mr. Christopher C. Womack
Market Cap
$95.78B
In 2023, SO generated $25.25B in revenue, which was a decrease of -13.75% from the previous year. This can be seen as a signal that SO's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Southern Linc has appointed Alan McIntyre as Vice President of Engineering and Operations, overseeing reliable wireless services for Southern Company and government clients.
Why It Matters - Alan McIntyre's leadership in Engineering and Operations could enhance Southern Linc's service reliability, potentially improving customer satisfaction and financial performance, impacting Southern Company's stock value.
Summary - Southern Company reported Q3 2024 earnings of $1.5 billion ($1.40 per share), up from $1.4 billion ($1.30 per share) in Q3 2023. Year-to-date earnings reached $3.9 billion ($3.53 per share), up from $3.1 billion ($2.86 per share) in 2023.
Why It Matters - Southern Company's earnings growth signals financial health and potential for future dividends, positively influencing investor sentiment and stock valuation.
Summary - Southern Co. (SO) reported Q3 earnings of $1.43 per share, exceeding the Zacks Consensus Estimate of $1.33 and slightly up from $1.42 per share year-over-year.
Why It Matters - Southern Co.'s earnings beat estimates, indicating strong performance and stability, which can boost investor confidence and potentially elevate stock prices.
Summary - Southern Co. (SO) reported its revenue and EPS for Q3 2024, prompting a comparison with Wall Street estimates and year-ago figures for further analysis.
Why It Matters - Southern Co.'s revenue and EPS performance relative to Wall Street estimates and previous year figures can indicate growth potential and market confidence, influencing stock valuation and investor sentiment.
Summary - SO has projected earnings per share of $4.05 for the fiscal year 2024.
Why It Matters - Earnings guidance of $4.05 per share for 2024 indicates SO's expected profitability, influencing stock valuation and investor sentiment. Positive guidance can lead to increased share prices.
Summary - Southern Company has delivered a 64% return over three years, with expected EPS growth of 5-7%. However, its stock's 23x earnings valuation raises concerns for income-focused investors.
Why It Matters - Southern Company's strong return and steady EPS growth signal solid performance amid challenges. However, high valuation at 23x earnings may deter investors seeking better income options.